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EXHIBIT NO. 11
STUART ENTERTAINMENT, INC. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
(Amounts In Thousands, Except Per Share Amounts)
(UNAUDITED)
Three Months Ended Nine Months Ended
September 30, September 30,
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1995 1994 1995 1994
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Shares of common stock outstanding
at beginning of period (1) 6,695 3,405 6,539 3,405
Weighted-average shares issued
during the period 0 2 95 1
Weighted-average shares assumed
issued under stock option plans
and exercise of warrants during
the period (assuming the treasury
stock method) 22 84 48 85
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Average common and common equivalent
shares outstanding 6,717 3,491 6,682 3,491
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Net earnings $ 519 $ 211 $ 236 $1,206
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Earnings per share $ 0.08 $ 0.06 $ 0.04 $ 0.34
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(1) This represents total outstanding shares of common stock less treasury
shares. See Note 2 of Notes to Consolidated Financial Statements.
See Notes to Consolidated Financial Statements in Part I.